Contrarian
Marc Faber:Long US Dollar, Japan
Last Friday, well-known bear Marc Faber spoke to Bloomberg’s Kathleen Hays about the euro’s performance against the U.S. dollar, commodities, and the global economy. Some notable excerpts from the interview included:
The global economy is in recession already…
The U.S. would now outperform for 3 to 6 months…
I think the dollar can continue to rally somewhat to […]
A Value Investor Looks At China
By Vitaliy Katsenelson
What do Starbucks and China have in common? A lot! Both got us hooked on consumption: one of fancy, expensive caffeinated liquids; the other on cheap foreign made goods. Both have defied the conventional wisdom - they grew faster and longer than common sense told us was possible. They also share another striking […]
What’s Wrong With Gold Stocks?
Earlier this year (”Gold Stocks Pay Off“), it seemed like the stars had lined up for gold stock investors. Gold equities looked cheap relative to bullion in mid-March, at least on the basis of the GLD/GDX ratio. The ratio, representing the price multiple of the SPDR Gold Shares Trust (NYSE: GLD) over the Market Vectors […]
Public Sector Salaries In Illinois
Ok! this is interesting. I have came across many articles during this 2 weeks about California and some states in US slashing public sector’s wages. While i am neutral on why the need to do that, this article gives me a glimpse of why they are all running budget deficits.
Let’s take a look at some […]
Timber Agg 2:How to invest in timber
The best way to describe my feeling after reading this second article is like buying that candy and realise it didn’t taste that well to awful.Here George Nichols outline that in truth, timber investing is but a myth for the average investors. The ETFs and the REITs out there are not pure play in these […]
Windfall Profits for Dummies
Lets say you are an honest worker. Lets say you work hard and you end up being richer and wealthier than alot of folks out there. The government taxes you at a higher bracket. When the going gets tough and you managed to pull through this and your average common folk sees your story, their […]
Government Size:Big Doesn’t Mean its better
It seems that government always think it is their duty to poke their noses into every piece of damn thing that they can get their hands on.
Truth is, many things can be regulated through private market mechanism. Govt just makes the matter more complicated, in turn create more jobs for themselves.
I for one, is in […]
You know its not over when u get something like this
Someone posted this over at www.lemetropolecafe.com. If this post is real, then fundamentally we are not cleared of the woods and gives more risk to downward break from potential big negative earnings news.
Something Big out There
Hi:
Found this on a chatboard,
cheers,
Ed xxxxxx
I have worked retail for several years. I am in mid-level store […]
S&P 500: Inflexion Point
Its difficult to analyse from a technical perspective which direction the market will go. Someone taught me that its best to be a master of a few technical indicators better than use so many that just cloud your senses.
Dual Moving Averages if setup correctly for long term smooths out the volatility such that you have […]
Hedge fund legends hit by financial crisis
Drizzt:
Its abit funny to come across this Daily Telegraph post on the struggles in the hedge fund industry, or rather, hedge fund managers. I was reading HedgeHogging by Barton Briggs over last week, which essentially writes about the hedge fund managers this hedge fund manager have encountered. This article would fit right in there.
The credit […]
